Local government finances

Producer: Statistics Finland
Homepage: http:// www.stat.fi/til/kta/index_en.html
Main topic: Government Finance
Related topics:
Official Statistics of Finland (OSF): Yes
European Statistical System (ESS): No

Description

The statistics on local government finances describe data on municipalities' and joint municipal authorities' income and expenditure, investments, financing, assets and liabilities.

Data content

The statistics on local government finances describe the financial statement data of Finnish municipalities and joint municipal authorities and their groups. In addition, the statistics provide more detailed data on the operational economy and investments based on the financial statements of municipalities and joint municipal authorities. The statistics on local government finances are a renewed version of the statistics on the finances and activities of municipalities and joint municipal boards.

Classifications used

The classifications used in the statistics are Statistics Finland’s classifications of the statistics on local government finances: financial statement calculations and other financial data.

Data collection methods and data sources

Data are collected from all municipalities and joint municipal authorities with a web form. Data on municipalities and joint municipal authorities belonging to the region of Åland are collected by Statistics and Research Åland (ÅSUB).

Updating frequency

Annually.

Time of completion or release

Preliminary data on the financial statements of municipalities and joint municipal authorities for the previous year (profit and loss accounts, cash flow statements and balance sheets of the municipality/joint municipal authority and their enterprises and groups) are available in early June. Data describing the specifications of the operational economy and investments by function and final financial statement data are published at the beginning of November.

Time series

Due to various changes (changes in the systems of accounting and central government transfers and in statistics compilation), there is no uniform time series. Annual data on the statistics on the finances of municipalities are available in electronic format for the years 1975 to 1992, 1993 to 1996 and from 1997 onwards. Annual data on the statistics on the finances of joint municipal authorities are available in electronic format for the years 1993 to 1996 and from 1997 onwards. Data backwards from 2014 have been published in the statistics on the finances and activities of municipalities and joint municipal boards.

Keywords

public sector, local government finances, municipal finances, municipalities, joint municipal authorities, expenditure, investments, operational economy, financial statements, consolidated financial statements, income, tax revenues

Contact information

http://tilastokeskus.fi/til/kta/yht_en.html


Last updated 28.02.2017